Stakeholder Identification and Engagement
The Company (Win Win Precision Technology Co. Ltd.) identifies its stakeholders from past experiences and based on its industry characteristics. The Company has established a transparent communication channel to understand the concerns and topics of interest from multitudes of stakeholders and undertakes continuous improvement measures to adequately meet the expectations and requirements of the stakeholders.
The results of stakeholders’ engagement will be regularly reported to the CEO by the responsible ESG team. The result of the engagement was submitted in the 14th meeting of the 8th-term Board of Directors on the 12th of November, 2024.
Stakeholders and Material Sustainability Topics Assessment Process
Step 1
Identify the stakeholders
Undertake stakeholder identification based on past experiences and industry characteristics to identify stakeholders.
Step 2
Collect sustainability topics
The possible sustainability topics are filtered and gathered based on the Company’s industry characteristics, from the internal discussion, together with reference made from GRI standards, and take into consideration of internal and domestic sustainability trends, as well as industry benchmarking, and sustainability information gathered from the competitors for the purpose of identifying common topics of interests within the industry the Company is engaged in.
Step 3
Assess the degree of impact
Step 4
Establish material substantiality topics
Based on the impact intensity ranking results from Step 4, the top 10 topics are selected as material topics. Additionally, the Sustainable Development Team considers industry trends, peer practices, and the company’s current status, including regulatory compliance, ethical business practices, and human rights assessments, to finalize the selection of material sustainability topics.
Stakeholder Communication Channels
Shareholders / Investors
Employees
Suppliers
Semiconductor Customers
Renewable Energy Customers
Government Agency
Community and Neighborhood
Ethics and Anti-Corruption
Forced Labour
Stakeholders' Concerns, Communication Frequency, and Response Methods
Stakeholders | Material Topics of Concern | Frequency of communication and response | |
---|---|---|---|
Shareholders / Investors | Corporate Governance | MOPS: Anytime Corporate Sustainability Zone: Irregularly Press Releases / Official Website: Irregularly | Board of Directors / Functional Committees: Quarterly Shareholders' Meeting: Annually Investor Conference: Annually Annual / Sustainability Report: Annually |
Employees | Employment Relations Ethical corporate management Labour-Management Relations Human Rights Assessment Occupational Safety and Health | Company Website: Anytime Forced Labour Risk Control Team: Anytime Educational Training: Irregularly Club activities: Irregularly Public Welfare Activities: Irregularly Grievance Procedures: Irregularly Health Seminars: Irregularly Employee Welfare Committee: Irregularly | Health tracking for employees conducted by on-site medical staff after health checkups: Nurses visit four times per month, two hours per visit Labour-Management Meetings: Quarterly Occupational Safety Committee Meeting: Quarterly Performance Reviews: Twice a year Annual Advanced Training on Forced Labour: Annually Post Health Checkup and Group Insurance Briefings: Annually |
Customers | Customer Privacy
Corporate Governance | Customer consultation section on Company's Website : Anytime Domestic and International Exhibitions: Irregularly Meetings, Phone Calls, Emails, Customer Visits: Irregularly | |
Suppliers | Compliance with laws and regulations Corporate Governance Ethical corporate management Customer Privacy | Investors Relations on the Company's Website: Anytime Supplier Meetings: Irregularly | Supplier Evaluation: Twice a year (Top 20) |
Government Agency | Compliance with laws and regulations | Official Documents: Anytime Company Website: Anytime Forced Labour Risk Control Team: Anytime Regulatory Authority Seminars: Irregularly Grievance Procedures for Stakeholder: Irregularly | |
Non-profit Organization | Compliance with laws and regulations Customer Privacy Waste Management Renewable Energy Development | Company Website: Anytime Forced Labour Risk Control Team: Anytime Grievance Procedures for Stakeholder: Irregularly | |
Community and Neighborhood | Compliance with laws and regulations Waste Management | Phone Calls / Emails / Press Releases: Irregularly Forums / Social charity and environmental protection activities: Irregularly |